SPPL (Simpple) Interest Expense : $-0.12 Mil (TTM As of Jun. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Simpple Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Simpple's interest expense for the six months ended in Jun. 2024 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.12 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Simpple's Operating Income for the six months ended in Jun. 2024 was $ -1.77 Mil. Simpple's Interest Expense for the six months ended in Jun. 2024 was $ -0.01 Mil. Simpple did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Simpple Interest Expense Historical Data

The historical data trend for Simpple's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Simpple Interest Expense Chart

Simpple Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Interest Expense

-0.09

-0.12

-0.10

-0.14

Simpple Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Interest Expense	Get a 7-Day Free Trial			-0.04	-0.06	-0.03	-0.11	-0.01

Simpple Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.12 Mil.

Simpple (NAS:SPPL) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Simpple's Interest Expense for the six months ended in Jun. 2024 was $-0.01 Mil. Its Operating Income for the six months ended in Jun. 2024 was $-1.77 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was $0.23 Mil.

Simpple's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Simpple did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Simpple Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simpple Ltd (NAS:SPPL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 03-07, 71 Ayer Rajah Crescent, Singapore, SGP, 139951

Website

https://www.simpple.com.sg

Simpple Ltd delivers an ecosystem solution that combines Internet-of-Things devices, robotic solutions and an integrated software system operating in unison to position buildings to be future-ready. The company operates through two primary segments: the sale, warranty, and maintenance of autonomous robotic cleaning equipment (Robots), and the sale of facilities management software. The majority of its revenue is generated from the Robots segment.